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If the inflation rate is higher than the GDP rate is there a recession?
The US govt. classifies a recession as 2 back to back quarters of negative GDP growth.
What is the present GDP and GNP of India?
current GDP rate
How do you calculate the GDP gap?
How to calculate potential gdp and natyral rate of unemployment?
What is the relationship between GDP and exchange rate?
GDP or gross domestic product is not directly related to the exchange rate. One rate theories are used to accurately report GDP. Universal rates apply in the reporting figures used.
What is Mexico's GDP per capita?
GDP per capita for 2012 was of US$10,400 at nominal exchange. Using the Purchasing Power Parity (PPP) conversion, Mexican GDP Per Capita is of US$15,600.Mexico GDP Per Capita (PPP), US dollars:2000: 9,1002001: 9,0002002: 9,0002003: 9,0002004: 9,6002005: 10,0002006: 10,7002007: 12,4002008: 14,2002009: 13,2002010: 13,9002011: 15,1002012: 15,600A nation's GDP at Nominal exchange rates is the sum value of all goods and services produced in the country divided by the current exchange rate. It can be misleading, specially when important changes in the exchange rate happened along a year.PPP (purchasing power parity): A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States.
If the inflation rate is higher than the GDP rate is there a recession?
The US govt. classifies a recession as 2 back to back quarters of negative GDP growth.
How does literacy rate impact a GDP?
the GDP does not affect the literacy rate. The literacy rate affects the GDP. normally the higher the literacy rate, the higher the GDP, but not always. Some countries can have a very high literacy rate, but not a high GDP. but most of the time the higher the literacy rate, the higher the GDP and standard of living.
What is the GDP rate of mining in Mexico?
Mining activities account for US$16.76 billion, or approximately 0.9% of Mexico's GDP (US$1,798 billion for 2013).
What is Mexico's GDP and GDP per capita?
GDP (Purchasing Power Parity) - $1.559 trillion (2008 est.), $1.538 trillion (2007), $1.49 trillion (2006) GDP (Official Exchange Rate) - $1.143 trillion (2008 est.) GDP (Per Capita) - $14,200 (2008 est.)
how to calculate gdp growth rate?
The formula for calculating GDP growth rate is: (GDP in current year - GDP in previous year) / GDP in previous year x 100% Here's an example: Suppose the GDP of a country was $1 trillion in 2020 and it increased to $1.2 trillion in 2021. To calculate the GDP growth rate for 2021, we can use the formula above: ($1.2 trillion - $1 trillion) / $1 trillion x 100% = 20% Therefore, the GDP growth rate for 2021 is 20%. This means that the country's economy grew by 20% from 2020 to 2021.
How does literacy rate affect GDP?
GDP can indeed affect the literacy rate. If the country has a high GDP then it can provide free education to poors which will improve the literacy rate.
What is the GDP growth rate for India for year 2007?
The official estimation was 1.089 trillion $US
What is the present GDP and GNP of India?
current GDP rate
What effect does repo and reverse repo rate will have on your GDP?
if gdp increases, it will increases prices and the repo rate has to be decreased in order to
How do you calculate the GDP gap?
How to calculate potential gdp and natyral rate of unemployment?
What is the 2008 US GNP?
US GNP (2008) : $14.4 Trillion (14,400,000,000,000) http://www.forecast-chart.com/forecast-us-gnp.html US GDP (2008): $14.33 Trillion (14,330,000,000,000) US GDP Growth Rate : 1.3% (2008), 2.8% (2006) US GDP Per Capita (per person) $47,000 (2008) - this means that the average annual GDP for a person in the US is $47,000. https://www.cia.gov/library/publications/the-world-factbook/geos/us.html#Econ
What is the relationship between GDP and exchange rate?
GDP or gross domestic product is not directly related to the exchange rate. One rate theories are used to accurately report GDP. Universal rates apply in the reporting figures used.
